Aetna Life Insurance Co. of Hartford v. Moser

The defendant Frederick C. Moser, at all times with which we are concerned, was a life insurance agent, under contract with the New York Life Insurance Company. He was a large producer, and frequently presented, risks larger than that company cared to underwrite. He was obligated, however, to submit to it any proposed risk, and give it the opportunity of accepting and underwriting the risk in whole or in part. In case the company accepted the risk only in part, defendant had the right to select the companies to which the balance of the risk should be submitted.

In the fall of 1934, defendant…